OSLO, NORWAY: Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) has divested 14.947 million shares in Entra ASA at a price of NOK 210 per share to Castellum, corresponding to NOK 3.14 billion. The sale represents approximately 10% return during the time of the holding, corresponding to an annual return of 20%. SBB has also decided to…
Tag: Entra ASA
SBB to launch voluntary tender offer to acquire Entra ASA
STOCKHOLM: Samhällsbyggnadsbolaget i Norden AB (SBB) announced its intention to launch a voluntary tender offer to acquire all the outstanding shares in Entra ASA to create the leading European social infrastructure player. The Entra shares are traded on the Oslo Exchange under ticker “ENTRA”. www.entra.no Under the terms of the Offer, Entra shareholders will be…
Entra acquires development property in Bergen
OSLO: Entra ASA has acquired the property Møllendalsveien 6-8, located in Entra’s existing property cluster and nearby Media City Bergen , for a property value of NOK 400 million. Møllendalsveien 6-8 is a 14,500 sqm office property with an annual rent of NOK 26,4 mill. The average lease contract duration is approximately 1.2 year. Entra…